A former finance manager at a big Culver City TV production studio was sentenced to two years in federal prison on Thursday for embezzling $2.5 million from his former employer, the U.S. Department of Justice announced Thursday.

After Larry King retired from CNN a few years ago, he moved his show to an unlikely destination: Ora TV, an upstart Internet network launched two years ago with backing from the world’s richest man, Carlos Slim Helú. Now, Ora is expanding far beyond the realm of news talk and churning out celebrity and infotainment programming as it tries to become a larger player in the online entertainment world.

Playboy Enterprises of Beverly Hills announced on Monday it has reached a deal with a Los Angeles publishing house to produce Playboy Latino, a bimonthly magazine that will be written primarily in Spanish.

Austin Beutner is an accomplished guy, what with being a co-founder of a successful investment bank and deputy mayor in Los Angeles. But since he has no experience in the news business, why did he take the top job at the Los Angeles Times?